Types of partners you should avoid at all costs
Today we’re going to talk about the types of partners you should avoid . Having a partner can be good for those starting a new business, but as the saying goes, sometimes it’s better to be alone than in bad company.
There are some types of partners who, instead of adding something to the business, act as true anchors and end up sinking the initiative.
Therefore, knowing how to choose a partner, or the partner you should not choose, is a big step towards ensuring the survival and prosperity of the business.
In this article we will talk about the types of partners you should stay away from to avoid problems and end up getting upset instead of making money. Let’s take a look at them.
The Types of Partners You Should Avoid
Below we list some types of partners that you should run away from, like the Devil runs away from the cross.
We are sure that at least one of these types has already tried to “get involved” or will, especially if your idea is very good.
1 – The opportunistic partner
Among the different types of partners that you should avoid is the opportunist. He is very easy to identify, because he doesn’t really ask for much information about the business; his business is to take advantage of the partnership that you propose or that he applies for.
What drives this type of partner is the opportunity that he considers good for him. In fact, he doesn’t care much about you.
What he can’t let slip away is the incredible opportunity he sees in front of him.
The thing is, he’s not really interested in working hard and facing everyday challenges. As soon as he realizes this need, he’ll abandon you and come up with a bunch of excuses for it.
What he wanted was not to work hard, but to put the “donkey in the shade” in the face of the opportunity he saw arising and the return it could generate.
2 – The “Experienced Entrepreneur”
This is both funny, due to the inconsistency of its positioning, and dangerous due to the risk it poses to the business.
Furthermore, managing the ego of this type of partner is yet another challenge for the success of the business, a challenge that adds nothing and, therefore, can be completely unnecessary.
Among the types of partners you should avoid, this is one of the main targets on your list.
He is usually a first-timer, or worse still, lies about a previous successful experience, which he abandoned for personal reasons, without ever explaining them. Pure lie.
As soon as the company is registered , that is, just the first step on a long journey, he starts to take on the airs of a great businessman and starts to commit all sorts of nonsense, often subverting the corporate partnership with attitudes that only bring losses.
3 – The speculating partner
This is another type of person you should avoid and is easily identifiable. During initial conversations, you will notice that instead of talking about issues related to planning and structuring the business, his main concern will be focused on how much he will earn.
Technically, nothing exists yet. The product or service is not yet properly defined, the processes are not yet defined, costs are out of the question and margins have no chance of being calculated.
Even in this situation, he doesn’t stop talking about how much he can earn per month and what the prize will be at the end of each year.
Of course, these issues need to be discussed in any project, but there is a right time for this, that is, when the business as a whole is well defined.
If, even before you have anything structured, your partner’s focus of concern is on remuneration, this is a huge warning sign.
In these tough times, be especially careful if your prospective partner has recently been laid off and is looking for another source of income.
Maybe he doesn’t really want to participate in society, and is just looking for a salary.
4 – The partner in the bonus but not in the burden
Anything in life, and especially in the business world, involves pros and cons. It is inevitable. One is a consequence of the other.
If you do not take responsibility for the burden, of course you cannot claim the bonus. It is pure logic. The problem is that this logic is not always clear to your future partner.
The partner in the bonus is usually an optimist by definition. During the business discussion stage, he ignores the adversities and risks inherent in any type of business , which we call systemic risk.
Among the types of partners you should avoid, this one stands out and it is important to identify him early on. He is not really willing to face adversity.
For him, business society is made up only of good moments and easily followed paths.
Adversities are completely ignored. The result is a denial of the reality of negotiation.
Forget this type of partner. He is willing to show up at the cash register to withdraw his profits, but he is not at all willing to sacrifice nights of sleep and weekends to face the adversities of any business.
For a business to be successful, it is essential that all partners are involved in the different situations.
If something goes wrong, he will often blame you and portray himself as a victim of YOUR inaction.
